Robert F. Kennedy Jr., Supports Bitcoin but Disapproves CBDCs
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Robert F. Kennedy Jr., A Candidate for President, Supports Bitcoin but Disapproves CBDCs

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Azeez Mustapha

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Robert F. Kennedy Jr., one of the American presidential contenders, has endorsed Bitcoin while also criticizing the newly launched Central Bank Digital Currencies (CBDCs). He claims that if elected president, he will make sure that people’s ability to possess and utilize Bitcoin is reinstated.

Additionally, Robert F. Kennedy Jr. stressed the potential for money laundering via Bitcoin but said that there is a way to stop it. While it is still unknown whether Robert F. Kennedy Jr. will become president, his speech in support of Bitcoin is enough to intensify the current bullish trend in BTC.

Key Bitcoin Levels To Watch – June 26

Robert F. Kennedy Jr., A Candidate for President, Supports Bitcoin but Disapproves CBDCs

The BTCUSD market is bullish as major resistance levels keep getting invalidated. The recent breakout occurred after the Moving Average gave a buy signal. The price hit the $25290.0 demand zone and surged upward.

While the market is completely dominated by bulls, the Stochastic Oscillator is currently indicating that BTCUSD has been overbought. A retracement into a discount region is necessary. This retracement is, however, likely to end as the price bounces off the major diagonal support.

Bitcoin Key Levels

Resistance Levels: $31050.0, $39112.0, $49268.0
Support Levels: $25290.0, $19570.0, $15460.0

Total Market Capitalization: $1.18T
Bitcoin Market Capitalization: $594.3B
Bitcoin Volume: $14.4B
Market Rank: #1

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